Economic Indicators
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Nonprofit fundraising changes with economic times
Federal Hill House, the 125-year-old Providence social-services nonprofit, has run its annual fundraiser, Taste of the Hill, offering nibbles and wine and beer sampling from popular Providence restaurants, for 11 years. more
By Rebecca Keister
Contributing Writer | 4/23/12
Home sales surge 20% in Bristol County, Mass.
Single-family home sales in Bristol County, Mass., rose 20 percent, and the median sale price increased 7 percent in August compared with the same period last year, The Warren Group said Thursday. more
Foreclosures plunge in Providence area in September
Lenders in September completed less than half the number of foreclosures in the Providence-Fall River-New Bedford area as they did during the same period last year and initiated 38 fewer new foreclosures, RealtyTrac said Friday. more
R.I. jobless remains 2nd-highest in U.S.
Rhode Island’s 10.9 percent unemployment rates remains the second worst in the country, as the state saw the largest year-to-year percent decrease in employment in the United States, according to a U.S. Bureau of Labor Statistics report released Friday. more
| 7/20/12
First half of 2012 brought more home sales, lower prices
The real estate market in the first half of this year showed a rise in sales and a decrease in median price from the same six-month period in 2011. more
For most, progress too slow to see
Rhode Island’s economic recovery is now moving at a pace too slow for many local business leaders to perceive it. more

By Patrick Anderson
PBN Staff Writer | 9/24/12 | 1 comment

Providence-area home prices fall 3.1% in August
Single-family home prices in the Providence-New Bedford-Fall River area dropped 3.1 percent in August compared with the same period in 2011, according to CoreLogic’s Home Price Index. more
| 10/2/12 | 1 comment
One Financial Plaza fills up as firms consolidate
Occupancy at Providence’s two most recognizable office towers is heading in opposite directions. more

By Patrick Anderson
PBN Staff Writer | 9/17/12

Housing starts in U.S. fall as permits reach 4-year high
New-home construction in the U.S. fell in July, while the number of building permits jumped to the highest level in four years, indicating the industry will keep improving in the second half of the year. more
U.S. stocks fall as report shows manufacturing shrank in August
U.S. stocks fell, following a two- week decline in the Standard & Poor’s 500 Index, as data showed American manufacturing contracted in August, fueling concern the economic recovery is slowing. more
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